Evening Star Newspaper, April 1, 1926, Page 31

FINANCIAL., NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office "V WILLIAM F. HEFFERNAN, NEW YORK. April 1.—Trading on the Curb Exchange today consisted mainly of evening up of accounts pre- paratory 1o the suspension of business Good Friday. As there remained onlv the brief 2-hour Saturday session, the sition was o clear up speculative counts wherever this could be done profitably or with the least possible lnss. This resulted in a good deal of short | | few sales, the low-priced shares. Land Co. of Florida in which bedr speculation ha been active since the recent distribut. ing rumors concerning the Florida land boom. ran up 3 points on failure of the rumors to materialize. Shorts in Gillette Safety Razor had to bid prices up more than a point to obtain their required stocks. (ilen Alden Coal rose sharply on only and changed hands at 1 where it compared with the Wednes THE EVENING Music_ Master C Natl EI Po A . el Go td, Noren 0 Bob o6 i Norbne i Nor States S Rogler. Penn Wat Pow € 140 'H‘-.u. Drug Store. 23 1y Bt ke ’l Purity Bak Parity Bak fd ‘«nmm Kar Bur n 4 Reo Motor 8 Rickenbacker Mo Pow & Lt Pow & Pow & 45 S0 IS0 STAR, WASHINGTON. D. C. ALCOHOL PROFITS DROP. \EW YORK, April 1 (#).—Con- olidated net income of $2,167.251 for 1925 is reported by the United States Industrial Aleohol Co., compared with $3.301,024 the vear before. This is equal to $6.74 a share on the com- mon stock after dividends on the company’s preferred stock and the preferrad of Cuba Distilling Co., against $11.46 a share on the com- CONSTRUCTION 6% LOANS R 2 TR NCLLLLLR 11171117217 FL LTS E AL LA RLLAL Open Offices April 1st 6%2% First Mortgage Notes ready for immediate delivery Write, see, or phone Clarence L. O’Donnell 1010 Vermont Ave. N.W. THURSDAY. APRIL 1. 1926. STATEMENT OF THE CONDITION GEM CIT \' LIFE INSUR- ANCE COMPANY Of Daton, Ohio."on the ’lllld.dtvmc:' Decem. o Colambia’ Code. amended June 30, 190°. and Auguat 18 19110 $500.000.00 Capital stock 200.000.00 Capital stock, paid up. in cash. Gash in affce Ash 10 han| Real xes (frst onda’ " (mariet Policy ‘loans Net due and deferred paymenis. I Bremium notes | Intereat due and acerited . A other assets | W accounta recervanie FINANCIAL. Money to Loan Secured by first deed of trust on Real Fstate in the Nation's Capital. Current Rates Prompt Reply HANNON: 713, 715 and 717 14th Street Main 2345 Main 8673 day final of 1.46 Despite_all the ter the initial demand had | favorable comment concerning the jtsell. the market turned dui | outlook for sugar stocks, Fajardo the price movement highly ir | Was subjected to further liquidation, it getting down almost 3 points Raking company Price changes in the oil group had higher. but subsequently lost more | little nificance, but were mostly than the early improvement. This | toward higher levels. gineers Gold was true of Continental Baking “A.” [ featured the mining group, retracing Purity Bakeries “B" and others of ' 2 poinis of the recent loss. YORK. April 1.—Following al list of honds and stoc n the New York Curb Mar- covering early in the session. Non-admitted assets Southwest” Beil ot FRED T. NESBIT | tand Puh Co A . Investment Bldg. | tuts Motor 25 i witt Tntl i Toh Prod_Fynort 7 Trans Lux Pic A 4 Tung sol Lam A Total assets ABILITIES iaw spent with L | Xet nnpaid clam Ressrve ay requined s Ane meaiih Sh-008 4% X S and heait s im el { premiums’ontd 1 advance 3 oRIT 5 v"loun and pre Um Lt &P A | ‘nearned. policy loan and o 20Unt Lt & Pnw A 14% ]/ Prof Shar n 3013 LB vicr 141 M EH who can afford 10 take no chances with their savings, but insist on an adequate in- issues started in A|‘“ll;‘l‘h:r"“v‘vh;lnhlln anr il i vlus 51.110.24 ‘ Total . .¥1.115.353 transacted during | oup. aceident and 2.501.08 NEW 1< an offic traded in ket today ardinal Pets “anh synd It Serv new it Serv id Columbian Synd < Royalties n. xe Auto Sup nf ils & C new pfd 4315 Yellow Taxi € NY 15 MINING STOCKS rom .10 4 Nabilities Salsain thousands. 1 Allied Pk 6s. | BONDS ole Synd. - ihson Oil Corv. ulf Ol of Pa Character of b the vear 1925: Life health Amount of riak a ing the ve Lokses " pustained | vear Mney. rece Average Means The New York Life Insurance Co. Offers to Maks F irst Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland. FOR 3, 5 OR 10 YEAR PERIODS 5Y2% ON APPROVED SECURITY Apply DALL H. HAGNER & COMP. MoRTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 d dur- g $5.178.008.00 uring the A 11466171 ) Forty Nine M 4 Golden Cent Min 100 Hawthorne M T ed during the year Prod &F @s. 40N m Hard # Fuel O 5 Kuy Conner Cor 10 AT GAW 1SS 5a X nd @ National Tin 2 ALl Frin e 2 < b Cornetia 10 B&O R R 5 Corp Noranda "1 Rell T Can Bank Oil Foster 01l reek Cons. Creek Prod.. 3 b ) Osage OV 24 0 33 by ‘ SHORT-TERM SECURITIES. ASK US ABOUT THEM! [ Seonet Preval |Ivvl’ mmeu U’:d“ (Quotations furnished by Redmond & Co ) i | Joseph . Weller 39,2 ] 17 K AR, Forb bl : B e Small Loans bt To Arlington and Fairfax Counts, Virginia, Home Buyers & Te). O Conper Mones advanced within 24 to 36 hours after application L. Garland Kendrick Clarendon, Va Clar. vunt wied during Ui vear 19 s ¥ ' B BARER JOHN L. RORINSOX: Awt. Sec | (onbscriied and” Swori e el i qas of Froruary iRt Vo e TR Money to Loan rat_deed of trust on real satate. | mm|esion. h. L. & T come from their investment, find the ideal answer to their need in these doubly secured | First Mortgage Notes. ML AG AT 1 33 Veneruelan Pay 10y on os in INDUSTRIALS hundreds 3 Aloba Port Comt 131 Gu ) Gas & E) otd Home Prod. L & Trac Pow & Lt n Ravon' Prod Suveroow A Superpow B, @2 & Eler Fragt 2 Rlacks Va G & F 3 Rarden Ca S 7 Rrad Firenrig Bridgenort Mach Brill Cor_A Brit-Am T C_r 11 Bklyn City R R. 6 Buf Niag El Po 2 Can D Gin Ale n J Celiuloid Co - . 1} Gen' Aguirre Sig e P Cor 3 Chie Nio A iChi Nin B T 1 Commonw P € n 43 3 Commonw P C w RR BCon G Balt nw Sinelair € Oi_P. ¢ 3 Consol’ Laund |swinr & @0 An 't 40 Continen Rak & Tnion Ol of Calif 191 Continen Bak ‘K Tnion Pac. R. R. € 10 Contl Bak_nfd. .. ax (17 S Rubber 7iae 2 Conzress Cizar | Wastarn Tnion '8, 5 STl H A W | Weitinenouse ¥ &M C & Rad BRI Nere P & 1Con Gas Ralt 3. 1 8e i Main 92300 seruen ave availahle in c10n Current Apartments Office Buildings Hovses Business Properties amounts of and AND w | mer Am. Tel Anacenda ‘Connir ciated Ol #a . mere & Ohio s 199" Rethlehem Stes] 3s 107 Contral of Georgia be 197 {ERTMIL & St Paul 6 |enis R1& Pac | City of Lyon 8¢ | Cotumb. G & F tinental G. & derated Mei aher Body G sodvear T. & At Northern Ar 0Nl Cotn. Pa Humble 0N M8 P & 16 Lehigh Pow W Lib MeN Cong 1si L 2 Manitoba We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest we can also take care you. Our experience, tending over a period of Thirty-Five Years insures protection. Percy H. Russell Co. 926 lStl\ Sl. N.W. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the Distriet of Columbia and adjacent Suburbe in Montgomery County, Md. 5:% INTEREST io Pow is Steel fix Pen Ohio E Pennock 0 Ca Pure 01l Co 613¢ 0 Rand Kar Bu 53, < 20Serv El De & Schulte n Short Line ix Ta om0 [T ‘AND THE SEED: FELL IN TFERTILE SOIL— o, g 1 Dubil o : ubilier ,,“: 2 10 Durant Mot 10018 Rnun € & R vie L | 1o 'y Bl Band & Sh of 3% . | i A B BG4 10114 88 E! Invest Inc 0o i 11z B ¥ Ser PP nf 1 Emporium Corp l Fageol Motors Fajardo Sug Co. | For e Truck y Fires T 1% ofd 3 Forhan Co_A 10 Foundatn For A Fox Theatara A Freed Eisemann FOREIGN EXCHANGE. Quotations furnished hy W B HinHe & Co | Nominal Seiling hecks eold value ponnd G dollar 4 m 38 101 1010115 Sm & R 3lys. 101 FOREIGN RONDS 2 Andian ¥ C Bc ww 20 00 132 Busnos Ajres 3138 100% 1001y i Cologne d 1% Danish 20 Dresden 15 Dep Antioana ¥ Est R R Frai urop M & I X French Nat 7 4 Gen Elec Ger 6iys Cons Mu ex- today PO London vour | Roma. 1iva . Zurich Athens. dr — — - DOLLARS, LIKE SEEDS NEED CULTIVATION ED to grow, must he cultivated hma aeta crown 1410 000014 1% 00014 s HApply to s & H. L. RUST COMPANY ’ LOAN CORRESPONDENT B¢ PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N.W. Main 6883 Stockholm {Tlette S R, len Alden Coal 10 Goodvear T & R, A Grimes R&C R 2 Happiness Cdy A Happiness Cdy Funds immediately | trust notes_on D | properts. See Mr REORGANIZATION PLAN NEW YORK. April 1 (P).—The re organization plan of B. B. & R Knight. Inc.. has been adopted by protective committee for the 7 per 2 | cent first mortgage honds. which holds more than $6.340.000. or about & per | | cent of the 36500 outstanding. A | new company will be organized to ae ire virtually all assets of the pres company’ except certain real es [tate and all of the stock of the re | cently farmed Fahrie Canverting « poration 81 King Denma Erunp Fried 0 Hercules Powder } Ind Rason Cor & 2 Int Utiities B Manville Laughlin & Bak develop and. reproduce It must be sown in that rich in humus or is loamy as that particular seed demands. Heat. cun, rain and COLUMBIA -, er production repavs the labors of culti- A BUl(l:‘lDAl¥lGON .MI"H: same rules hold good in investments. SSO First Mortgage Notes PAYS On Improved Washington Real Estate Are a Safe, Dependable and Remunerative Medium Assets Over ANNUAL RETURN $700,000 733 12th Street NW. Melvin €. Hazen, President Floyd E. Davis. Treacurer Clarence essford, Secretary A <oil hine Westnha A Russ Govt 5las 10 Rus Gov 61,8 N 55ax S Mor 13 3 Waatn T'n Bl Gls 30 Uibbes Owens SG ", Mence' Box 1 Mesan, Iron STANDARD O, ISSUES 08 Angln Am ol 18" ngln Am O . 8400 Continent 01 nw 2 10 Cumbariand P 1. 200 Ga) Sir O11 £300 Bumble 01l & R &0 Humble 0 & R n 200 Humh O & R 1t 900 Imp O af Can n 300 Inter Pet C 1 100 Northern P I, 100 Ohio 01l 200 Penn Mex Fuel: 2000 Prairie 0 & G 10 Solar Refin 10 South Penn Oil 100§ Pean Oil new 42008 0'Cal new 00 0 Tnd 1818 20 00 € 0 Kansas 300 § O Kentucky. 70 S O Nebrask 66008 0 New Y 80 S O Obio. 1800 Vacuum gales in INDEPENDENT OIL STOCKS bundreds. 65 Am _Maracaibo. % Beacon Ofl.... APRIL 1st 926 DECEMBER 1st 713 14th St Main 2345 Mortgage Investment Dept. Washington Stock Exchange‘ SALES Canital Traction Co.—10 at 1037510 at 103% . 10 a1 108, 5 ar 10 10 31 103 Patomac Electric Power Thante Transfer & s, 10 ar 2i 1045 td.—10 a1 108 arage pid.- 10 AFTER CALL ington Gas e 33—%100 a1 102 % Diitriet National Rank—3 at National Mige 4 Tnvest pid—30 a1 %20 N mton Bas 6e 33816600 at 1038 NOTICE Now This _exchange “Gand Frdas Mones—rall lnans, Bid and Asked Prices. BONDS. PUBLIC UTILITIES 5 and & per cent ird of a Century B Years mae £nar e Cantial Traction R €152 suburhan o This organization to- day is under the same management which guided its inception thirty-three and one- third years ago, and which has continued that guidance uninter- ruptedly ever since. cons. &a e 1033 T m. & ref &Ny Ba. & M. V. v IFTY-SEVEN years ago the foundation of the modern First Mortgage business in Washing- ton was laid when the office of the direct predecessors of Swartzell, Rheem & Hensey Co. was opened on Seventh Street Northwest. Thxrd of a Centurv go—thls company was founded bv B. F. Saul, to specialize in .\'Iortgage Loans, Insurance and Property Manage- ment. Later, in 1903, the original organization was incorporated as the present B. F. Saul Co. . * + + P Wash . Alex Wash | Alex . Ralt. & Annavolis 5e Washington Gas Washingtan Cas wach. Rwy. & F Wash Ruv. & F N Paer Mfx Pt J1. Sik. Bk Bonthern Blds Wash. Mkt. Cold Storaga 5a STOCKS. PCBLIC UTILITY & Telra The founders of the business pledged themselves to conduct a business which wonld not only serve as an aid in the upbuilding of the city, but which also would afford absolute protection for the funds of those investing in the first mortgages themselves. Amar Tel Caita) Tracty Fashington Sertole & Wash. Steamboat. Pow otd. B B com g Third of a Century ral-American Rwy. & Elec Bev & Flec ofd NATIONAL BANK. .Without a I-American Righta'... T8 During this Third of a Century, our First Mortgages (deeds of trust) have become dis- B ek eosiitan : ; tinguished for absolute safety of principal and prompt interest payment. Never has a ; client of this firm lost a dollar of either principal or interest. The 61:% First Mortgages which we offer you today are characterized by these same points of preference. Today—S57 vears later—we feel that we may point with pride to a pledge fulfilled. We feel we have kept faith with our founders and also with the public of Washington, by keeping our first mortgage investments safe. To- day, we ask you to share with ue the pride of the past and anticipation of the future which is embodied in our statement : Loss + Parmers & Mechanics Cerand Nat. Bank of Washington. .. 289 TRUST COMPANY Continental Trust Merchants. Ban) Natiana) Savings & Trust Thion Trust Washington Loan & Trust. SAVINGS BANK Commerce & Savings. Waghington inty Sav Severh Strest Tinited States. Washington Mechanice FIRE INSURANCE Now begins another Third of a Century of service. Eagerly we enter this second era. For it promises even richer fulfillment of our ideals through old policies, old friends, and the new friends each year will bring B.F. SAUL €O 925 15th St. N.W. Com. . American TITLE INSURANCE. Columbia Title. 2 Real Estate Titie 17 MISCELLANEO! D © Paper nfd . At a1 Storage bid *101 Rants Tran. & Storage.. 118 hante' Tran. & Stor. nfd. 100% Mergenthaler Linotype 204 onles Drug nfd 100 neton Monotype D80 390 32 Main 2100 e Storage Waghington Market.. *Ex. dividend. [